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Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example, answers should look like -0.05
Using available data in the case, calculate the requested financial ratios. Round all numbers to the nearest hundredth. For example, answers should look like -0.05 or 1.33.
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2016 2015 2014 Gross Profit to Total Revenue Total Operating Expenses to Revenue Operating Income to Revenue Net Income to Total Revenue Year Ended: Dec. 26, 2015 Dec. 31, 2016 Dec. 27, 2014 Income Statement Data: Revenue Less excise taxes $968.99 62.55 $1,024.04 64.11 $966.48 63.47 906.45 959.93 903.01 Net revenue Cost of goods sold 446.78 458.32 501.62 438.00 465.01 Gross profit 459.67 Operating expenses: Selling / General and administrative expenses 316.67 1.78 Impairment assets held for use Total operating expenses Operating income Other (expense) income, net 345.19 0.26 803.76 156.17 756.44 146.57 322.25 -0.24 768.79 137.66 (0.54) 137.12 49.77 $ 87.35 (0.97) (1.16) 155.01 Income before provision for income taxes 145.59 Provision for income taxes 56.60 54.85 $ 90.74 Net income $ 98.41 Dec. 31, 2016 Dec. 26, 2015 Assets $ 94.19 Current Assets Cash and cash equivalents Total Account receivables Inventories Prepaid expenses Deferred income tax Other current assets $ 91.04 41.62 52.50 95 Total current assets Property, plant and equipment, net Other long term assets 7.35 1.78 201.24 408.41 9.97 3.68 $623.30 Goodwill 8.19 3.68 $645.40 Total assets Liabilities and Stockholders Equity Current Liabilities: $ 40.59 $ 42.72 Accounts payable Current portion of debt and capital lease obligations Accrued expenses and other current liabilities Total current liabilities Deferred income taxes Debt and capital lease obligations, less current portion 60.88 101.52 64.61 0.47 10.17 176.72 $623.30 Other liabilities Total liabilities 16.55 184.18 $645.40 Total liabilities and stockholder's equityStep by Step Solution
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